Peter Schiff, a staunch Bitcoin critic, in a latest X post, has dismissed Saylor’s claim that Bitcoin is digital energy. The Bitcoin critic dismissed Saylor’s claim that Bitcoin is digital energy. He mentioned that it is just another label, like ‘digital gold’. He believes that these terms are exaggerated and do not reflect what Bitcoin …
USDS, Sky’s flagship stablecoin (formerly DAI) and the third-largest stablecoin by market cap, is now live on Solana with Wormhole’s NTT framework. This landmark integration enables seamless native USDS transfers across the Ethereum and Solana blockchains. Wormhole’s NTT framework is flexible and open, ensuring the seamless transfer of native tokens across blockchains. Sky’s implementation of …
With the BTC price reclaiming the $91,500 mark, 99.3% of Unspent transaction output (UTXOs) are in profit now. Following this, investor optimism in Bitcoin adoption has reached a new high. Notably, this phase has typically lasted between 3–12 months when evaluating the historic market sentiments. However, the bull trap during 2021 is an exception. Reportedly, …
The U.S. crypto exchange giant Gemini owned by the Winklevoss twins has recently launched its operations in France. As per the latest sources, this move marks the latest crypto expansion in the E.U. region. Notably, Gemini now operates in over 70 countries. The recent move comes after France showed active involvement with and support of …
As the BTC price is sustaining dominance above the $91,000 mark, the buyers anticipate a new spike above $92,000. Amid the increasing bullish sentiments, the Bitcoin spot ETFs had a total net inflow of $255 million on November 18. Leading the pack, BlackRock’s iBit had a net inflow of $90 million, followed by Fidelity’s $60 …
A Decentralized Finance platform, Polter Finance, was scammed and lost around $8.7 million worth of cryptocurrency. The attacker took advantage of weaknesses and then employed Tornado Cash, a privacy-preserving mixer. As per PeckShield, the exploiter also moved 120 ETH ($192,402) to Tornado Cash to cover up their traces as their latest move. The Polter Finance platform …
Despite the recent price surge of OM tokens of nearly 200% over the past 4 days, Veil has made massive returns. The returns stood at 162x. The whale deposited 600,000 OM tokens worth $2.55 million over Binance. Previously, the entity withdrew nearly 1.5 million OM tokens worth $387,000 on June 7, 2023. Currently, it continues …
Mercado Bitcoin (MB), the largest digital asset platform in Latin America, has introduced the MBRL stablecoin on the TRON blockchain. This stablecoin connects the stability of Brazil’s currency with the flexibility of blockchain technology. The MBRL project leverages TRON’s fast and scalable network, ensuring smooth transactions and 24/7 liquidity, even during weekends and holidays. It …
Tokyo-based investment firm Metaplanet has announced it has bought more Bitcoin, spending ¥1.75 billion ($11.3 million). The company will issue one-year bonds to fund this purchase. Metaplanet now owns 1,018 BTC, worth $92.18 million, 0.005% of all Bitcoin available. This move comes when Japan faces a weak yen, high debt, and low interest rates. Since …
Bithumb, South Korea’s second-largest cryptocurrency exchange, has announced the listing of RAY and PONKE tokens. The new additions will be available for trading in Korean Won markets today at 5 PM local time. This move reflects Bithumb’s ongoing efforts to expand its offerings and cater to the growing demand for diverse crypto assets. The exchange’s …
Andrew Tate has pledged to buy $1 million worth of Bitcoin every time MicroStrategy’s Michael Saylor makes a purchase. Tate acknowledged his inability to match Saylor’s monumental acquisitions but emphasized his commitment to supporting Bitcoin “for the culture.” Despite already holding hundreds of millions in Bitcoin, Tate’s vow underscores his enthusiasm for the leading cryptocurrency. …
Tether is investing in Quantoz Payments to launch EURQ and USDQ, euro- and dollar-referenced E-Money Tokens (EMTs) designed to meet MiCAR standards. These stablecoins aim to provide faster and more transparent transactions in Europe, advancing regulated digital asset solutions. Quantoz will use Tether’s Hadron platform, showcasing Tether’s role in tokenization. Hadron enables secure token management, …
Vitalik Buterin has expressed concerns over the “based” roll-up strategy in Ethereum’s scaling roadmap, highlighting issues with combining security, scalability, and interoperability into a single model. Critics argue for a modular approach, like Cosmos’ Inter-Blockchain Communication (IBC) protocol, which separates these concerns and promotes app chain independence. Buterin suggests Ethereum can benefit from similar strategies …
Fundstrat Head of Research Tom Lee has recently highlighted that Bitcoin’s recent surge could be the beginning of a sustained rally. In an interview with CNBC, he noted that Bitcoin’s recent price gains are backed by strong market demand and improving technical indicators. He pointed out that Bitcoin price has entered a consolidation phase near …
Binance in its latest announcement has revealed that it has launched the BFUSD stablecoin, which provides an annual yield of 19.55%, which can also be used as collateral. The benefits included Hassle-Free Earnings with no need for staking or locking up your funds, Extra Trading Power as BFUSD can be used as collateral with 100% …
BlackRock’s iShares Bitcoin Trust (IBIT) options are set to begin trading tomorrow, according to the head of ETP listings at Nasdaq. In a statement today, the Options Clearing Corporation (OCC), declared its readiness to clear and settle options for spot Bitcoin ETFs, such as the BlackRock’s iShares Bitcoin Trust (iBIT). Following the announcement, Bloomberg Senior …
Global crypto funds, including those managed by BlackRock, Bitwise, and Fidelity, saw a record $2.2 billion in inflows last week, bringing year-to-date inflows to $33.5 billion. This surge, driven by Bitcoin hitting new all-time highs above $93,000, has pushed assets under management to $138 billion. While U.S.-based funds led with $2.21 billion in net inflows, …
On Monday, Vakul Talwar, the General Manager of Crypto․com’s Australia, said the company has acquired the Singapore-based Fintech exchange “Fintek Securities”. Reportedly, the company considers this to be a “huge step” because it can now offer equities trading in Australian and international stock exchanges through this new acquisition. With this, the company will also be …
The Shiba Inu burn rate witnessed a massive 6200% surge today. Notably, this has sparked investor optimism globally. As per the latest data available on Shibburn, a 6,223% surge was recorded in the Shiba Inu (SHIB) burn rate in 24 hours. Moreover, 290,321 coins were burned during this period. With this, the SHIB price has …
Andrew Tate, a former kickboxing champion turned social media influencer, has shared his strong belief in Bitcoin as the best investment choice. He expressed concerns about whether owning a few hundred BTC would be enough, revealing his confidence in the cryptocurrency’s long-term potential. Tate openly questioned the value of investing in assets like gold or …
Thala Labs, a DeFi platform working on the Aptos Blockchain; was able to restore the stolen $25.5 million of the liquidity pool stimulated by v1 farming contract vulnerability. The exploit, which came on the 15th of November, was resolved by contract halts as well as the freezing of $11.5 million in assets. With the help …
Amid increased price volatility in the cryptocurrency market, the BTC price transaction volume under the $100k level has hit a new 3-year high. As per the historic sentiments, such a situation has always hinted at a strong inflow of retail investors in the crypto space. Notably, with a 24-hour trading volume of $43.455 billion, Bitcoin …
A Bitcoin wallet holding 400 BTC, acquired 12 years ago for $2,091, reactivated after over a decade, now worth $35.8M. Five hours ago, it sent 200 BTC ($17.9M) to Bitstamp and 351 BTC ($31.5M) to a new wallet. This wallet is one of three dormant addresses that have transferred a combined 600 BTC (~$46M) to …
In a new meme coin-rich story, a crypto trader turned $1,690 into a staggering $1.73 million in just three days. On November 15th, the trader exchanged 7 $SOL worth ~$1,690 for 40.72 million $BUCK. In the recent price jump of almost 350,000% rise in $BUCK’s price, the whale has sold 28.72 million $BUCK and registered …
US President-elect Donald Trump recently announced the creation of a new initiative known as the Department of Government Efficiency (DOGE) which will be led by Elon Musk and Vivek Ramaswamy. Its ultimate goal is to streamline federal operations and cut significant government spending by at least $2 trillion. The Winkelvoss Twin, Cameron Winklevoss took to …
McDonald’s announced a brand partnership with the Ethereum NFT series Doodles to launch an event called “GM Spread Joy.” Starting on November 18, this partnership will deliver Doodles’ unique, vivid rainbow-themed drawings to McCafé coffee cups all throughout the United States. Consumers of any McCafé hot drink will be able to access unique digital rewards …
In a latest development, BONK has surpassed WIF in market capitalization, reclaiming its position as the largest meme coin on the Solana blockchain. BONK’s market cap now stands at $3.61 billion, compared to WIF’s $3.53 billion. BONK has surged 16% over the past 24 hours to lead gains among majors and large-cap memes on $2.6 …
Decentraland’s token, MANA, has jumped by an impressive 33% in the past 24 hours, pushing its market cap to $838 million. Known for combining gaming and NFTs on the Ethereum blockchain, MANA is a key player in the metaverse space. This surge comes amidst a booming crypto market, with MANA outperforming competitors like ENJ, ATOM, …
Ripple’s native token, XRP, has once again secured its position as the 6th largest cryptocurrency by market cap, surpassing Dogecoin. XRP currently boasts a market cap of $59.46 billion, outpacing Dogecoin by nearly $4 billion. Just a few days ago, Dogecoin briefly took the spot, but XRP’s solid performance and strong community support helped it …
Jupiter Exchange (JUP) has outperformed all other chain aggregators, taking the top spot in 24-hour trading volume. Even though it operates only on the Solana blockchain, Jupiter has captured an impressive 64% market share. This success shows how popular and efficient Jupiter is for crypto swaps. While other platforms work across multiple chains, Jupiter’s focus …